Consider the five different measures of risk adjusted portfolio performance we

Consider the five different measures of risk adjusted portfolio performance we

Consider the five different measures of risk-adjusted portfolio performance we have examined: Sharpe ratio, Treynor ratio, Jensen alpha, information ratio, and Sortino ratio.a. Describe how each of these measures defines the risk that investors face.b. Describe how each of these measures adjusts a portfolio's return performance for the level of that risk.